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  • #17,641
  • Dec 3, 2012 6:40pm Dec 3, 2012 6:40pm
The good thing is - shorting aud will soon become that much cheaper^^
  • #17,642
  • Dec 3, 2012 6:45pm Dec 3, 2012 6:45pm
Quoting maximmm
I'm surprised they did not invoke a daily prayer - though I suspect that would be the case with Fox news^^ Right after 'it's all Obama's fault'.
It's all the people around Obama who run our country who are at fault. No one person can grasp the machine that is set in place in the USA. Obama holds a very responsible position in this country, anything that goes wrong, he is held responsible for. The Fall Guy V V V
  • #17,643
  • Dec 3, 2012 6:48pm Dec 3, 2012 6:48pm
Well I just read the first 200 pages and the last 200 pages of this thread, and not the middle yet, I find it very interesting and strange at the same time.
  • #17,644
  • Dec 3, 2012 6:55pm Dec 3, 2012 6:55pm
Quoting maximmm
The good thing is - shorting aud will soon become that much cheaper^^
RBA has 2h to revise their statement
  • #17,645
  • Dec 3, 2012 6:58pm Dec 3, 2012 6:58pm
Quoting kerrydrake
Well I just read the first 200 pages and the last 200 pages of this thread, and not the middle yet, I find it very interesting and strange at the same time.
Same polar swings as in the FX market ...and Bipolar disease. Strange, yeah.

Just kidding.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -15.1%
  • #17,646
  • Dec 3, 2012 7:11pm Dec 3, 2012 7:11pm
Good day traders of the Cartoon Gallery, wanted to stop by and share my 2 cents:

Daily chart:

http://1.bp.blogspot.com/-TWWUYzp1Dx...+01+audusd.gif

4 Hourly chart:

http://1.bp.blogspot.com/-i9GyjEhtZD...+02+audusd.gif

Above is the 4 hourly chart in continuation of the Friday's review (which I have included below in case someone wants to see it), where I see a small confluence for support in the very short term, with a divergence formation at the same spot the 200 EMA lies, notice how price has struggled to close below the central monthly pivot projected for December, Friday price action warned us of this support level which developed into a Monday pinbar, technical trend for the 4 hourly and daily timeframes in my opinion until I see price close below these strong support technical levels.


Quoting Eric D
So, for the daily time frame as I usually make my analysis there is a chart below, Friday's price action developed into a pinbar formation resting at the Monthly central pivot calculated as the close of November, so it will be valid through December, this level coincides with the mid round number 1.04000 more or less by a couple of pips so that could mean a strong support for the short time trend, as a side note, Fibonacci in this pinbar's tail rates for the 38.2% retracement, theory says it has very good chances of surpassing closest resistance...

P.D. sorry about the lengthy post...
  • #17,647
  • Dec 3, 2012 7:14pm Dec 3, 2012 7:14pm
just my 2cents
Attached Image (click to enlarge)
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  • #17,648
  • Dec 3, 2012 7:39pm Dec 3, 2012 7:39pm
15 minute chart - descending triangle formed -

I suspect we'll be in this triangle until the rate decision - a breach of 1.0410 will lead to a big move down - after the rate decision.
  • #17,649
  • Dec 3, 2012 7:52pm Dec 3, 2012 7:52pm
day 7th, swap theta sux, staying the couse though, we have trendlines to breach
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: aud_usd_positiontrade26.jpg Size: 91 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #17,650
  • Dec 3, 2012 8:16pm Dec 3, 2012 8:16pm
Quoting DaddyBear
1.045 will be broken.
we have 1h 15mins to go,
are you sure this will be broken??
  • #17,651
  • Dec 3, 2012 8:22pm Dec 3, 2012 8:22pm
http://www.gomonews.com/wp-content/u...3/TimeBomb.png
not euphoria follower
  • #17,652
  • Dec 3, 2012 8:24pm Dec 3, 2012 8:24pm
Quoting DaddyBear
Seems to me the majority of this thread including you is waiting to short at 2230 EST.
That means it time to start building a position with cheap longs
It works till it doesn't
  • #17,653
  • Dec 3, 2012 8:26pm Dec 3, 2012 8:26pm
Quoting maximmm
Ah, I hope so, because if we all pull our forces together, we can bring aud to 0.60 in one day!! Never doubt the might of retail traders!!^^
Retail money barely covers the electric bills & monthly Internet service bills of the big players in this market.
It works till it doesn't
  • #17,654
  • Dec 3, 2012 8:30pm Dec 3, 2012 8:30pm
Do a quick google search on how much money is held on deposit at the largest retail brokers, you'll quickly find out this is a war between the big players & were just trying to carve out pennies flowing them.
It works till it doesn't
  • #17,655
  • Dec 3, 2012 8:44pm Dec 3, 2012 8:44pm
err.... humour.... no... I give up
  • #17,656
  • Dec 3, 2012 8:44pm Dec 3, 2012 8:44pm
Quoting maximmm
err.... humour.... no... I give up
give up on what?
  • #17,657
  • Dec 3, 2012 8:44pm Dec 3, 2012 8:44pm
Tweezer bottoms on h1 suggest a rally is coming...
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 102 KB
Good luck and may the odds be ever in your favor!
  • #17,658
  • Dec 3, 2012 8:45pm Dec 3, 2012 8:45pm
Quoting HelloOz
we have 1h 15mins to go,
are you sure this will be broken??
Sooner or later. If it moves up tonight, 1.0450 will be penetrated.
daddybearforex. com
  • #17,659
  • Dec 3, 2012 8:46pm Dec 3, 2012 8:46pm
Quoting DaEdge
Retail money barely covers the electric bills & monthly Internet service bills of the big players in this market.
If I were to say that we, at the forexfactory, could cause aud to drop to 0, would the joke be more clear then? Seriously....
  • #17,660
  • Dec 3, 2012 8:47pm Dec 3, 2012 8:47pm
http://www.forexfactory.com/attachme...6&d=1354588720

Quoting iqyu5an
http://www.gomonews.com/wp-content/u...3/TimeBomb.png
not euphoria follower
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